Самый важный документ в в Америке — номер социального страхования, SSN, Social Security Number, сошиал секьюрити намбер. Вся правда - зачем он нужен, как его получить и как он может облегчить жизнь в США. СКИДКИ ДЛЯ ПОДПИСЧИКОВ!!! КОНСУЛЬТАЦИЯ ПО ГРИН КАРТЕ, ВИЗАМ, РОДАМ И ИММИГРАЦИИ В США http://us2us.ru/ WHATS APP / TELEGRAM / VIBER: +7 929 610-13-60 КОНКУРС, ВЫИГРАЙ 30 000 РУБЛЕЙ http://vk.com/stolitsamira РОДЫ В США, 10 ПЛЮСОВ РОЖАТЬ В АМЕРИКЕ https://youtu.be/MMpfZk_7n4E 10 ПРИЧИН ПЕРЕЕЗЖАТЬ В АМЕРИКУ https://youtu.be/U3kAGW3F62E СКОЛЬКО ЗАРАБАТЫВАЮТ АМЕРИКАНЦЫ https://youtu.be/uZjMInJ_g_Q Авторы в Instagram: https://www.instagram.com/anatoly.vlasov/ https://www.instagram.com/hovo_1/ https://www.instagram.com/chelkash/ Спасибо, что вы с нами! Ставьте лайки, делитесь с видео с друзьями и подписывайтесь на канал: http://youtube.com/c/StolitsaMiraChannel Оставляйте комментарии, о чем нам рассказать в следующий раз. Следите за нами в социальных сетях: VK http://vk.com/stolitsamira Facebook https://www.facebook.com/stolitsamirachannel
Views: 26165 Столица Мира
The longer you wait before cashing in on Social Security benefits, the greater the financial reward. But many don’t wait until age 70. There’s a range of loopholes and “secrets” that can improve your benefits, a fact economics correspondent Paul Solman discovered during a tennis game with friend and Social Security expert Larry Kotlikoff. Their new book, “Get What’s Yours,” shares that knowledge. Read the full story:http://www.pbs.org/newshour/bb/tricks-tips-getting-social-security/#transcript
Views: 146542 PBS NewsHour
The Social Security card and number explained. Discuss this video: http://reddit.com/r/cgpgrey Sponsor: http://www.squarespace.com/grey Special Thanks: Stephen P. Morse, PhD. http://stevemorse.org Ralph Gross, Postdoctoral Fellow, Carnegie Mellon University. https://peexlab.com Alessandro Acquisti, Professor, Carnegie Mellon University Mark Govea, Thomas J Miller Jr MD, Bob Kunz, John Buchan, Andres Villacres, Nevin Spoljaric, Christian Cooper, Michael Little, Ripta Pasay, Tony DiLascio, Richard Jenkins, Chris Chapin, Saki Comandao, Tod Kurt, Jason Lewandowski, Michael Mrozek, Phil Gardner, سليمان العقل, Jordan Melville, Martin , Steven Grimm, rictic , Ian , Faust Fairbrook, Chris Woodall, Kozo Ota, Colin Millions, Guillermo , Timothy Basanov, Chris Harshman, ChoiceMechanicalDenver.com , Donal Botkin, David Michaels, Ron Bowes, Tómas Árni Jónasson, Mikko , Derek Bonner, Derek Jackson, Orbit_Junkie , Alistair Forbes, Robert Grünke (trainfart), Veronica Peshterianu, Paul Tomblin, Travis Wichert, chrysilis , Ryan E Manning, Erik Parasiuk, Rhys Parry, Maarten van der Blij, Kevin Anderson, Ryan Nielsen, Esteban Santana Santana, Dag Viggo Lokøen, Tristan Watts-Willis, John Rogers, Edward Adams, Leon , ken mcfarlane, Brandon Callender, Timothy Moran, Peter Lomax, Emil , Tijmen van Dien, ShiroiYami , Alex Schuldberg, Bear , Jacob Ostling, Solon Carter, Rescla , Andrew Proue, Tor Henrik Lehne, David Palomares, Cas Eliëns, Freddi Hørlyck, Ernesto Jimenez, Osric Lord-Williams, Maxime Zielony, Lachlan Holmes , John Bevan, John Lee, Ian N Riopel, AUFFRAY Clement, David , Alex Morales, Alexander Kosenkov, Elizabeth Keathley, Kevin , Pierre Perrott, Tadeo Kondrak, James Bissonette, Jahmal O'Neil, Naturally Curious, Nantiwat , Tianyu Ge, Kevin Jeun, Jason Ruel, JoJo Chehebar, Danny Lunianga Xavier, Jeremy Peng, Jennifer Richardson, Rustam Anvarov Music by: http://www.davidreesmusic.com
Views: 3504248 CGP Grey
Subscribe! http://bitly.com/1iLOHml Social Security disability funds are expected to run out as soon as next year. What exactly is Social Security and why should we care? Learn More: Social Security Basic Facts http://www.ssa.gov/news/press/basicfact.html “By 2033, the number of older Americans will increase from 46.6 million today to over 77 million.” A Summary of the Annual 2014 Reports http://www.ssa.gov/oact/trsum/ “Neither Medicare nor Social Security can sustain projected long-run program costs in full under currently scheduled financing, and legislative changes are necessary to avoid disruptive consequences for beneficiaries and taxpayers.” Social Security: The Big Picture https://www.jpmorganfunds.com/blobcontent/517/976/1323366831214_RI-SS-BIGPIC.pdf “There is no question that America is experiencing a tremendous demographic shift. The current size of the GI and Silent generations, people born between 1910 and 1945, is just over 33 million individuals. The Baby Boomers, born between 1946 and 1964, are currently more than twice as large a group.” Elizabeth Warren: Expand Social Security http://www.huffingtonpost.com/2013/11/18/elizabeth-warren-social-security_n_4298336.html Watch More: The Bias Of The Supreme Court https://www.youtube.com/watch?v=8C0weq6CzqM Is The U.S. Economy Recovering? https://www.youtube.com/watch?v=P79nnxOSWic Subscribe to TestTube Daily! http://bitly.com/1iLOHml _________________________ TestTube's new daily show is committed to answering the smart, inquisitive questions we have about life, society, politics and anything else happening in the news. It's a place where curiosity rules and together we'll get a clearer understanding of this crazy world we live in. Watch more TestTube: http://testtube.com/testtubedailyshow/ Subscribe now! http://www.youtube.com/subscription_center?add_user=testtubenetwork TestTube on Twitter https://twitter.com/TestTube Trace Dominguez on Twitter https://twitter.com/TraceDominguez TestTube on Facebook https://facebook.com/testtubenetwork TestTube on Google+ http://gplus.to/TestTube Download the New TestTube iOS app! http://testu.be/1ndmmMq
Views: 167796 NowThis World
If you're counting on Social Security to finance your retirement, you're in for a big surprise. Money expert Chris Hogan explains why. Donate today to PragerU! http://l.prageru.com/2eB2p0h Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: If you’re counting on Social Security to finance your retirement, you’re in for a big surprise—and not the good kind. Let me give you two reasons why. One: Social Security is going broke. And, two: Even if it weren’t going broke, it couldn’t possibly cover the cost of a decent retirement. Let’s look at these two reasons in a little more detail, and then I’ll propose a solution. Social Security is going broke. When this government program was set up in 1935, the average life expectancy was 60. But you couldn’t collect your first check until you reached 65. In other words, most people didn’t live long enough to receive Social Security. And most of those who did, didn’t collect it for very long. Today, the average lifespan is 79. So now, most people do live long enough to receive Social Security—for 10, or 20, or even 30 years. Here’s another important piece of information: When the program started, the ratio between worker and retiree was 159 to 1. That means for every one person drawing benefits, 159 were paying in. Today the ratio is 2.8 to 1. Get that? We’ve gone from 159 workers supporting every retired person to fewer than three workers supporting every retiree. And it’s going down. You don’t need an advanced math degree to figure this one out: Social Security is spending more than it’s bringing in. Far more. Its own Board of Trustees has said that it will be bankrupt within twenty years. That doesn’t mean it won’t exist. It means that either the government will pay you less than it promised, or it will have to raise taxes to make up the shortfall. Most likely, both. Sounds about right for an entitlement program, doesn’t it? Starts out small, but just keeps growing and growing until it collapses under its own weight. But let’s indulge in a fantasy and say that Social Security is perfectly designed, perfectly balanced, and efficiently run. And that you would get every dollar you were promised. You’d still have a major problem if that’s all that you’re relying on. To illustrate, in 2017 the average monthly Social Security check was a little over $1,400. That’s under $17,000 a year—barely above the poverty line for a two-person household. Do you really want to live at the poverty line in retirement? Why in the world would you plan for that? But sadly, many people are. According to a recent study, 53 percent of un-retired baby boomers have no retirement savings. That means they’re planning to rely on Social Security for their retirement income. That’s them. Don’t let it be you. For the complete script, visit https://www.prageru.com/videos/social-security-wont-give-you-security
Views: 582143 PragerU
Social Security - here is a look at why you might want to start collecting Social Security at age 62.
Views: 962990 News Pulse
https://socialsecurityintelligence.com | Social Security Spousal benefits are easy if you understand the dual calculations that must be performed for most couples. In this video I'll simplify how to do your own calculation. If you want more free content like this, visit my website at https://socialsecurityintelligence.com
Views: 21935 Devin Carroll
Learn to budget, beat debt, & build a legacy. Visit the online store today: https://goo.gl/GjPwhe Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 55173 The Dave Ramsey Show
You may have heard we can't afford Social Security. But the facts may surprise you. This video from the National Academy of Social Insurance (www.nasi.org) explains the basics about Social Security, its purpose, who pays for it, who gets it, and what it means to seniors, working families, and children now and in the future. To learn more, visit the "Learn" section of NASI's website at http://www.nasi.org/learn/social-security/just-the-facts. Para ver la "El Seguro Social: Simplemente la Verdad" de vídeo en español, haga clic aquí: http://bit.ly/elsegurosocial. COMMENT POLICY: Comments reflecting the spectrum of opinion are welcomed. However, we ask that they be constructive and respectful in tone and content. Comments containing profanity, abusive or inflammatory language, misinformation or that are otherwise inappropriate will be removed. Comments appearing on this site are not endorsed by the National Academy of Social Insurance (NASI) nor should they be taken to reflect NASI's point of view.
Views: 129460 National Academy of Social Insurance
📘LOOK THROUGH MY BOOKS! 📘 http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps PAYPAL: https://goo.gl/L6VQg9 OTHER: http://themoneygps.com/donate ————————————————————————————————— MY FAVORITE BOOKS: http://themoneygps.com/books ————————————————————————————————— STEEMIT: https://steemit.com/@themoneygps DTUBE: https://d.tube/c/themoneygps T-SHIRTS: http://themoneygps.com/store ————————————————————————————————— ℹ️Sources Used in This Video ℹ️ https://goo.gl/UpprQe
Views: 13482 The Money GPS
If you are under Full Retirement Age, you need to understand how working affects your Social Security benefits. HIT THE SUBSCRIBE BUTTON to see my videos as soon as they are uploaded. Lot's of new stuff coming soon. Find more great Social Security information at my website https://socialsecurityintelligence.com/ More videos like this coming soon! Subscribe to my channel and you'll be notified. How much can you earn and draw Social Security. Find out here!
Views: 151237 Devin Carroll
Social Security Benefits - The Mistake 48% of us make when filing for Social Security Benefits And How To Fix It - https://www.youtube.com/watch?v=erVOZPfUx4M Here's Your Complimentary Social Security Income Maximization Guide - http://americasretirementincome.com/social-security-maximization-analysis/ OOPS! In This Eye-Opening Video, we will discuss in detail the mistake that 48% of us make when filing for Social Security Benefits and show you How To Fix It! Also included in the video, You will see the top facts and questions about Social Security Benefits, and We will teach you about the Lifetime Value of Social Security and Explain Why it is NOW more important than ever to your retirement income needs. Make sure you stay tuned to the end of this short video. We will be giving to everyone a Complimentary copy of our Social Security Income Maximization Analysis to assist you in choosing your best fit date to claim your Social Security Benefits. So, let’s get started. So what is the #1 Mistake?… The #1 mistake is Choosing the right Social Security Benefits at the right time. This is one of the biggest financial decisions you’ll ever make. So, please take your time and understand all your options, before making a choice. You are eligible to begin Social Security benefits as early as age 62, and and as late as age 70. While the majority of us begin receiving at 62, many have decided to defer taking benefits until a later age. Why? There are several reasons why, but the main reason is the longer we wait, the larger your Social Security checks will be when you begin receiving them. So, what is your target date to file for Social Security benefits? Write this down, and see if the date changes by the time we get through this short video. So, when is the correct time to file for your benefits? The answer… It depends on your individual or family circumstances. Deciding the best time may be confusing to some, but the decision should be based on your specific situation and financial needs. Let’s take a look at some of the facts to consider when filing for your Social Security Benefits. Think about these facts as you ponder on the best date for you and your family. Social Security is the major source of income for most of the elderly. As of April 2014, Social Security Benefits represent about 38% of income for the elderly. Nine out of Ten individuals age 65 and older receive Social Security Benefits today. Among elderly Social Security beneficiaries, 52% of married couples and 74% of unmarried persons receive 50% or more of their income from Social Security. And up to 22% of married couples and about 47% of unmarried persons rely on Social Security for 90% or more of their income. 51% of workers today have no private pension coverage. 34% of workers have no savings set aside specifically for retirement. In 2014, over 59 million Americans received almost $863 billion in Social Security benefits. Let’s look at some factors to consider when filing for your Social Security Benefits. The first factor we will look at is your full retirement age. So, when is your full retirement age? This chart shows you when your full retirement age is. So, if you were born in 1957 your full retirement age is 66 years and six months. If your full retirement age is 66, and if you were to file for Social Security Benefits at age 62, you would only receive approximately 75% of your full benefits. At age 66, you would receive 100% of your benefits. But, by waiting till age 70, you would receive 132% of your benefits. There is a huge difference in waiting, but again, each of us have certain circumstances that may force us to file as early as age 62. This is a substantial amount of money that most of us leave on the table. America's Retirement Income Brian Neff CEO and Chief Investment Officer http://americasretirementincome.com/ Facebook: https://www.facebook.com/AmericasRetirementIncome
Views: 481790 Americas Retirement Income
Presenter: Luke Delorme, director of financial planning, American Investment Services
Views: 217972 AIERvideo
Download The FREE Money Evolution Guide To Understanding Your Social Security Benefits! http://moneyevolution.com/social-security-guide I want to talk about working while collecting Social Security benefits. More specifically, I want to talk about working while collecting Social Security before your full retirement age. So this is a topic that I think has been a little bit confusing for some people, so hopefully after watching today's video, things will make a little bit more sense for you. So, as you may know, if you're working and collecting Social Security benefits before your full retirement age, the Social Security Administration has some limitations as to how much income you can earn for the year. For 2017, the number is $16,920. So if you earn more than that $16,920, you're going to have to pay back $1 in benefits for every $2 that you earn over the limit. So to kind of make this really simple, if you're say $10,000 over that earnings limit, you're going to have to give back half of that, or $5000, you're going to have to pay back to the Social Security Administration. The first thing is that if you're going to be working and collecting Social Security benefits, really put some thought into it and make sure that you're going to be underneath that earnings limitation because if you end up over that, things can really get a little bit complicated and I'm going to share with you at the end of this video a real example of one of our clients that ended up having a situation that ended up being pretty confusing, so I think you'll hopefully find that interesting, so make sure you actually need that, make sure you're going to be under the earnings limitation. Now, there's a couple of exceptions to that earnings limit. One is in the very first year that you apply for and begin collecting your Social Security benefits, in that first year, you're allowed to receive a full, unreduced Social Security check for any month that the Social Security Administration considers you to be retired. For 2017, that limit is $1410 for the month, so if you earn less than $1410 for the month, you're going to be considered retired and you're going to be able to receive a full Social Security check. Where that number came from, that's simply that $16,920 divided by 12, comes out to be that $1410. So a quick example of that, let's say that you're planning on retiring at the end of August, so you're going to receive your first Social Security check in September, you can earn as much as you earn for those first eight months of the year and then as long as you earn less than that $1410 from September through the rest of the year, you'll be able to collect that full Social Security check. The second exception to that earnings limitation is in the year that you turn full retirement age, so the limitation for that year is $44,880, so you're allowed to earn in the months prior to the month that you turn your full retirement age, you're allowed to earn up to $44,880. After you reach full retirement age, you can earn as much as you want with no reduction in your Social Security benefit so another quick example of this is let's say that, doing things simple, let's say your birthday's on July 1st so in that first six months of the year, as long as you earn less than $44,880, and then you can earn as much as you want after July 1st, there's going to be no reduction in your Social Security benefits so hopefully that part makes a little bit of sense for you, I'm going to share with you now our example here from one of our clients that ended up in a situation where he had to pay back some of his Social Security benefits and like I said, this stuff can get really confusing.
Views: 261494 Money Evolution
For more Social Security information, visit my website at http://socialsecurityintelligence.com It’s important for you to understand how to calculate Social Security benefits. Sure, the Administration will perform this calculation for you, but if you understand the process used you may be able to spot errors and fix mistakes before it's too late. Here's how to calculate your benefit amount in 4 easy steps.
Views: 153305 Devin Carroll
For the first time since 1982, Social Security has to dip into the trust fund to pay for the program this year. Social Security trustees said that reserves for the fund that pays disability benefits would be exhausted in 2018. Combined with the fund that pays benefits to retirees, all Social Security reserves would be exhausted by 2019.
Views: 594 NEWZZCAFE
SOURCE : https://goo.gl/kAQjKb
Views: 374252 BREAKING NEWS TODAY
si piensas mudarte a los estados unidos debes tener en cuentas todos los papeles que necesitaras para poder vivir alli! Aqui una breve explcacion de que es la tarjeta del seguro social o social security
Views: 68083 SANDRA G
Ben Shapiro talks about the most important story of the day, which the mainstream media largely ignores. Medicare will be insolvent in about 11 years and Social Security in 15 years. Full Ben Shapiro Show: https://youtu.be/_G15Ugmg0Ig. Ben Shapiro YouTube: http://bit.ly/2F8bj2v. Ben Shapiro Twitter: https://twitter.com/benshapiro. Ben Shapiro Daily Wire: http://bit.ly/2wUuJ9W. SUBSCRIBE for more TRUTHBOMBS - http://bit.ly/2BGR6Cu.
Views: 4740 TRUTHBOMBS
If you've ever wondered, "Should I draw Social Security at age 62 or 66 or even age 70?" then here is one of the biggest factors you need to know about when it comes to the Social Security rules. To download the free e-report "How To Avoid Annuity Traps" just click here: http://retirementplanningmadeeasy.com/annuity-traps The difference between the best and worst Social Security claiming strategy can be over $100,000 of lifetime benefits. That's a lot of money on the table. So here is one important factor that affects your Social Security benefit. It has to do with your age. If your full retirement is 66 then here is how drawing early or later will affect your benefit. 62 - 75.0% 63 - 80.0% 64 - 86.7% 65 - 93.3% 66 - 100.0% 67 - 108.0% 68 - 116.0% 69 - 124.0% 70 - 132.0% It's important to know how your age affects your benefit. But there are also some subjective factors to consider as well. You may want to draw early if: - Willing to sacrifice higher income later, for lower income now - You can’t stand your job - You do not expect to live a long time - You are afraid Social Security will not be around in the future You may want to delay drawing Social Security until later if: - Willing to sacrifice present income for a larger income in the future - You have longevity in your family - You are still working - You want to maximize the benefits for your spouse after you are gone To download the free e-report "How To Avoid Annuity Traps" just click here: http://retirementplanningmadeeasy.com/annuity-traps Best of luck! Chris Hammond
Views: 122027 Retirement Planning Made Easy
We learn about how Social Security spousal benefits are calculated and the requirements for a divorced spouse to receive the benefit.
Views: 143151 NYLCRI
Free Gold Guide: https://noblegoldinvestments.com/gold-ira-guide-nnn/ Get Email Alerts! http://nnn.is/email-newsletter-next-news Subscribe: http://nnn.is/Sub-to-N3 Ben Shapiro for the Daily Wire reports, While the rest of America fulminates over Roseanne and Samantha Bee and NFL visits to the White House, a rather large piece of news just broke – a piece of news that essentially spells doom for the future of American governance. See the report here: https://youtu.be/DDee27CGkwg Read More/Source/Credit/FairUse: https://www.dailywire.com/news/31488/breaking-social-security-medicare-go-bust-sooner-ben-shapiro Share this to Facebook: https://www.facebook.com/sharer.php?u=https://youtu.be/DDee27CGkwg Tweet This video: https://twitter.com/home?status=Must%20See!%20https%3A//youtu.be/DDee27CGkwg Got Kids or Grandkids? Take a break at our new Kids Channel: (( SUBSCRIBE )) http://bit.ly/sub-to-Banchi-Brothers ------------------------------------------------------------------------------------ SUPPORT THE NETWORK WITH THE LINKS BELOW! ------------------------------------------------------------------------------------ Patreon $5/mo: http://nnn.is/monthly-gift-5 Donate with Paypal: https://nnn.is/give-once Give BTC: 13Hd1HFqS5CDLCMcFQPWu9wumubo6X2hSM Next News T-Shirt Shop: http://nnn.is/get-your-gear-here Teach Your Child About Liberty: http://nnn.is/1HvxU37 Learn How To Make Easy Money Trading: https://www.tradegeniusacademy.com 50% off with PROMO CODE: Makemoney Protect Your Information From Big Data - Click Here! https://www.virtualshield.com/nextnews Enter Promo Code: nextnews for 20% OFF ! Stock Up On Survival Food Today! http://PrepareWithGary.com GET YOUR TACTICAL GEAR! https://www.ruggedreserves.com Get The Survivor Flashlight - https://ruggedreserves.com/pages/the-original-rugged-reserves-tactical-flashlight-survivor Get The Night Protector Flashlight - https://ruggedreserves.com/pages/the-original-rugged-reserves-tactical-flashlight ---------------------------------------- FOLLOW US ON SOCIAL! --------------------------------------- http://Facebook.com/NextNewsNet http://Twitter.com/NextNewsNet http://NextNewsNetwork.com Hashtag: #N3 Copyright Disclaimer: Citation of articles and authors in this report does not imply ownership. Works and images presented here fall under Fair Use Section 107 and are used for commentary on globally significant newsworthy events. Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Community Guidelines Disclaimer: The points of view and purpose of this video is not to bully or harass anybody, but rather share that opinion and thoughts with other like-minded individuals curious about the subject.
Views: 7309 The Next News Network
USA BREAKING NEWS TODAY During the campaign, Donald Trump made bold promises to the American people, and especially to those who had been neglected under Obama. Source: https://goo.gl/RaasDY What do you think of this video? Let us know in the comments below, and in addition, share this on social media. Please support growing channel by the press Subscribe :) https://www.youtube.com/c/USABREAKINGNEWSTODAY Thanks you for watching
Views: 124718 USA BREAKING NEWS
Dr. Manishika Jain in this video explains the concept of Social Security in India and the Recent Developments Article 22- Universal Declaration of Human Right Everyone, as a member of society, has the right to social security and is entitled to realization, through national effort and international co-operation and in accordance with the organization and resources of each State, of the economic, social and cultural rights indispensable for his dignity and the free development of his personality. Welfare Food & Shelter Vulnerable Sections of Society Elderly, Unemployed & Sick US versus World USA – Social Insurance for retired & disabled World – Economic security for people facing risks ILO – Social Security Old Age pension (Social Insurance) Survivor’s benefit (Social Insurance) Family benefit Medical care (Basic Security) Maternity benefit Unemployment benefit (Social Insurance) Sick Leave Benefit (Services) Disability Benefit (Social Insurance) Employment Injuries (Services) Income Maintenance Social insurance: PMSBY, PMJJBY Means-tested benefits Non-contributory benefits Discretionary benefits Universal or categorical benefits or demogrants Social Security in India B. P. Adarkar developed first Social Security scheme in India in 1944 Started in 1952 for 2.5 million factory workers Employees’ Provident Fund Organization (EPFO) Employees’ State Insurance Corporation (ESIC) EPFO Ministry of Labour and Employment. 3 party board called the Central Board of Trustees. 3 different schemes: The Employees’ Provident Funds Scheme, 1952 (EPF). The Employees’ Deposit Linked Insurance Scheme, 1976 (EDLI). The Employees’ Pension Scheme, 1995 (EPS) Employees’ State Insurance Act, 1948 (ESI Act) Employees’ Provident Funds Act, 1952 Workmen’s Compensation Act, 1923 (WC Act) Maternity Benefit Act, 1961 (M.B. Act) Payment of Gratuity Act, 1972 (P.G. Act) NPS – National Pension Scheme Pension Fund Regulatory and Development Authority (PFRDA) on 10th October, 2003 Retirement income to all citizens – Since 2009 Initially for new govt. recruits (except armed forces) Swavalamban Scheme: Encourage people from the unorganized sector to voluntarily save for retirement Permanent Retirement Account Number (PRAN) – Unique & same Tier I Account: Non-withdrawable account (resident/NRI)– Deduction under 80C Tier II Account: Voluntary savings facility: Free to withdraw with no tax benefits PPF By National Savings Institute of the Ministry of Finance in 1968 Rate from 1 Apr 2016 is 8.1% per annum Interest is non-taxable Mobilize small savings Deduction under 80 C Maximum Rs. 1.5 lakh per year Pradhan Mantri Suraksha Bima Yojna (PMSBY) Risk coverage in case of accidental death, full or partial disability Insured amount for accidental death and full disability is Rs.2 lakh Rs.1 lakh for partial disability Annual premium of Rs.12 - auto-debited by the bank Age – 18 to 70 years Aadhar linked bank account – opt in every year by 1st June Ministries can co-contribute premium for beneficiary from Public Welfare Fund (created in 2015-16) out of unclaimed money Pradhan Mantri Jeevan Jyoti Bima Yojna( PMJJBY) Benefit in case of death Age – 18 to 50 years If joined before 50 years – can benefit till 55 years Annual premium – Rs 330 – Auto-debited from bank Sum assured Rs. 2 Lakh Atal Pension Yojana (APY) Uninsured workers in unorganized sector under NPS Contribution on a monthly, quarterly, half yearly basis Account will not be deactivated unless balance gets zero Voluntary exit is now allowed Age – 18 to 40 years Minimum pension after 60 years of age Half yearly contribution of Rs. 248 at 18 years or Rs. 685 at 30 years – pension of Rs. 1000 per month Jan Dhan Yojana Universal banking coverage across all 6 lakh villages in India One basic bank account per household – Rupay debit card, pension and insurance Bring excluded section in financial mainstream Efficient transfer of subsidies Economic equality Remove financial untouchability Aim – Jan Dhan to Jan Suraksha Universal Basic Income: A Conversation With & Within the Mahatma Chapter in Economic Survey 2016-17 Examrace is number 1 education portal for competitive and scholastic exam like UPSC, NET, SSC, Bank PO, IBPS, NEET, AIIMS, JEE and more. We provide free study material, exam & sample papers, information on deadlines, exam format etc. Our vision is to provide preparation resources to each and every student even in distant corders of the globe. Dr. Manishika Jain served as visiting professor at Gujarat University. Earlier she was serving in the Planning Department, City of Hillsboro, Hillsboro, Oregon, USA with focus on application of GIS for Downtown Development and Renewal. She completed her fellowship in Community-focused Urban Development from Colorado State University, Colorado, USA. For more information - https://www.examrace.com/About-Examrace/Company-Information/Examrace-Authors.html
Views: 10031 Examrace
Donations: https://www.paypal.me/dice960 Think it pays to wait until age 65 or 70 to take your Social Security benefits? Not if you're the *average* American or below, in income. Learn why my monthly check of $867.00 is actually GREATER than the average monthly check of $1,350.00 a month. If you think this is impossible, then you don't know Social Security! Discuss this video at: http://toosmarttofail.com/forums/showthread.php?6-Social-Security-Why-867-month-is-more-than-1-350!-(Retire-at-62)&p=6#post6 RELATED VIDEOS: https://www.youtube.com/watch?v=aqQ58r14Nyo (Fixing Social Security: The Universal Retirement Benefit (URB) https://www.youtube.com/watch?v=H9mhdTx6-rk (Why you should not save one cent for retirement)
Views: 319528 Ray Gordon Teaches Chess
Register for the Understanding Your Social Security Benefits Live Stream Event! http://moneyevolution.com/understanding-social-security-yt I'm going to be talking about when to collect Social Security benefits, but before I get into that I want to talk about a couple of basic terms and definitions that you should know about before getting too much into the Social Security benefits. The first one is called the full-retirement age. So, this is the age that you get to where you're eligible for your full Social Security benefit. And over the past couple of decades or so, Social Security administration has been slowly changing this full retirement age. For example when Social Security first started, the full retirement age was age 65. That's for people that were born before 1937. If you were born between 1938 and 1942, the full retirement age is age 65 plus they add two months for every year between years 1938 to 1942. Most of the people probably watching this video are going to have a full retirement age that's either going to be 66 or 67 or somewhere in between. So your full retirement age is age 66 if you were born between 1943 and 1954. Between 1955 and 1959, similarly they're going to add two months for every year in between those years to 1960. For anybody who was born after 1960, your full retirement age is age 67. The 2nd term that I want to talk about is what's known as your Primary Insurance Amount. Sometimes I abbreviate this, or a lotta people abbreviate it as your PIA. And your Primary Insurance Amount is the amount of Social Security benefit that you're eligible for at your full retirement age. As you probably know, you're eligible to collect Social Security benefits early if you want, as early as age 62. Or you could delay your Social Security benefits to as late as age 70, earning what are known as delayed retirement credits. So we're going to assume for this example right here, that your full retirement age is age 66, that's the age that you're eligible for 100% of your full retirement age, Primary Insurance Amount. If you collect as early as age 62, you're going to be eligible for 75% of your benefit and then if you delay benefits past your full retirement age, you're going to get an 8% delayed retirement credit for every year that you delay past age 66. All the way up to 132% that you'd be eligible for at your Primary Insurance Amount. So let's talk about this a little bit in terms of some benefits. So let's say that your Primary Insurance Amount is $2,000 a month. If you collect at 62, you collect early, you're going to get 75% of that. So to give you some idea there. You would be eligible for $1,500 a month. And if you waited until age 70, you're actually going to get $2,680 per month, which is 132% of that $2,000 a month benefit. So one of the things that many of you may want to calculate as you're trying to decide when to collect Social Security is, to calculate your break even period. And to do this we're going to just do some pretty simple math and we're going to say okay, if I collect Social Security at age 62, versus age 66, how many years do I have to wait, or collect benefits after age 66 to essentially make up for the fact that I didn't begin collecting at age 62.
Views: 17172 Money Evolution
Former Sen. Jim DeMint, (R-S.C.), on the future of Social Security.
Views: 668 Fox Business
Trump said he wouldn’t cut Medicare or Social Security. He lied. Cenk Uygur and Ana Kasparian, hosts of The Young Turks, discuss. Tell us what you think in the comment section below. Read more here: https://www.washingtonpost.com/news/wonk/wp/2017/12/01/gop-eyes-post-tax-cut-changes-to-welfare-medicare-and-social-security/?utm_term=.537e8e2415d6 "House Speaker Paul D. Ryan (R-Wis.) said Wednesday that congressional Republicans will aim next year to reduce spending on both federal health care and anti-poverty programs, citing the need to reduce America's deficit. “We're going to have to get back next year at entitlement reform, which is how you tackle the debt and the deficit,” Ryan said during an appearance on Ross Kaminsky's talk radio show. "... Frankly, it's the health care entitlements that are the big drivers of our debt, so we spend more time on the health care entitlements — because that's really where the problem lies, fiscally speaking.””* Hosts: Cenk Uygur, Ana Kasparian Cast: Cenk Uygur, Ana Kasparian *** The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET. https://goo.gl/tJpj1m Subscribe to The Young Turks on YouTube: https://goo.gl/a3JY9i Like The Young Turks on Facebook: https://goo.gl/txrhrh Follow The Young Turks on Twitter: https://goo.gl/w6ahdV Buy TYT Merch: https://goo.gl/KVysaM Download audio and video of the full two hour show on-demand + the members-only post game show by becoming a member at https://goo.gl/v8E64M. Your membership supports the day to day operations and is vital for our continued success and growth. Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
Views: 289754 The Young Turks
Top 5 Social Security Strategies To Maximize Your Retirement Benefits - http://youtu.be/vK3hHN85GVI Here's Your Complimentary E-book - Social Security Income Maximization Guide - http://americasretirementincome.com/social-security-income-maximization The Road To Higher Income In Retirement Begins here. In this video we will discuss in detail the Top 5 Social Security Strategies used today to maximize your lifetime benefits. ----- Caution: Our Road to a Comfortable Retirement may be filled with many risks. Along the way, we will also show you some of the "caution" signs to watch out for when using these strategies. ----- Make sure you stay tuned to the end of this short video. We will be giving to everyone a Complimentary copy of our Social Security Income Maximization Ebook that covers all these Social Security Claiming Strategies. So, let’s get started. ----- Our Top 5 Social Security Strategies For Maximum Benefits include: Single - Married – two different strategies Divorced Widowed ----- How many of you watching this are gonna turn on your Social Security Income at 62? Because; • it ain’t gonna be there • our government is broke • or maybe because “It’s your money and you want it now?” ----- Let’s get to The Top 5 Social Security Strategies For Maximum Benefits ----- Strategy #1: Social Security Benefits If You Are Single Maximize Lifetime Earnings One of the easiest ways to increase your lifetime Social Security benefits is to maximize your earnings record. Remember, your benefits are determined by taking your highest 35 years of earnings, including zeros. Max Factor: Make More Working = Earn More Lifetime Benefits Choose the Best Date to Retire As you can see in the chart to the right, the longer you wait to collect, the higher your lifetime income will be. Your choices are: Begin at 62 = 70-75% of your PIA Begin at FRA = 100% of your PIA Begin after FRA = 8% Delayed Credits up to the age of 70. At age 70, your benefit = up to 132% of your PIA. Max Factor: The Longer You Wait = Earn More Lifetime Benefits ----- Strategy #2: There are two different social security strategies if you are married. The first strategy we will discuss is the Social security spousal benefit called file and suspend. --- The File and Suspend Strategy allows you to collect 1/2 of your spouse’s benefits amount at your own full retirement age --- Let’s review How this strategy works For example: Let’s say John’s Social Security Benefit is $2,200 And, Mary’s Social Security Benefit is $300 – Maybe Mary stayed at home with the kids while they were in school, or just worked part-time. By taking one half of John’s benefits at full retirement age, Mary’s spousal benefit is now $1,100, which is much higher than her own $300 benefit. ----- Proceed with caution though, here are some important spousal benefit rules: As mentioned previously, a spouse at Full Retirement Age can get full spousal benefit which is 50% of other spouses benefits. Benefit is reduced if started earlier between the ages of 62 & full retirement age. One spouse must claim their benefits or, file & suspend their benefits at full retirement age for the other spouse to collect the spousal income benefit. ----- A common question I get asked is, What if I file and suspend and my health changes before I reach age 70? And What if the market crashes again like a few years ago? ----- The answer: If you file and suspend your social security benefits, you can change your mind, anytime prior to receiving your benefits. You can then request a lump sum payout of your social security benefits back to the original date of suspension. This comes in handy when you encounter unforeseen health or financial problems. ----- Strategy #3: The Second Married Strategy is The Restricted Application At your Full Retirement Age, you may restrict your application to half of your spouse's full retirement age benefits. Strategy #4 is The Social Security Survivor’s Benefit. It is very important for a couple to plan ahead to maximize the surviving spouse’s lifetime income benefit. Strategy #5 is the Divorcee Benefits. Let’s look at John and Mary now that they have divorced. In Closing: We covered in this video the Top 5 Social Security Strategies to Maximize Your Benefits In Retirement. Thank you for staying to the end of this short video. We hope this video was informative. Please subscribe to our channel America’s Retirement Income below to receive the most up-to-date retirement income planning information. Also, click the link below this video to get your complimentary copy of our Social Security Income Maximization E-book. ----- Visit us on the web at www.americasretirementincome.com. America's Retirement Income Brian Neff CEO and Chief Investment Officer http://americasretirementincome.com/ Facebook: https://www.facebook.com/AmericasRetirementIncome
Views: 10857 Americas Retirement Income
In this video Maria Recto, VP and Wealth Advisor with Zions Bank, discusses spousal benefit and some of the requirements you need in order to receive it.
Views: 15242 Zions TV
Top Stories Today - Largest Social Security Increase In 6 Years Is On It’s Way ► Read More/ Source/ Credit(FAIR USE): https://goo.gl/Q94idy ⭐ Please Donate & Support This Channel: https://www.paypal.me/TopStoriesToday Learn more about news on Youtube: https://goo.gl/0uGcTJ ------------------------------------------------------------------------------------------------ We report the daily's breaking news, Top Stories and the Most Interesting News. We report the genuine news and circumstances occurring the world over. Genuine Reports that the predominant press doesn't need you to think about! We are your #ONE source for the most vital world event and stories happening every day! We always want to know what YOU think! Stay tuned for updates. Very excited to partner with other electronic newspaper pages. ------------------------------------------------------------------------------------------------ ► See The Report Here: ► Largest Social Security Increase In 6 Years Is On It’s Way :https://youtu.be/zge65-Ts_6Y ► Latest news videos: https://goo.gl/xz6v75 ★ Please support growing channel by the press Subscribe Top Stories Today here: https://goo.gl/pwiiJM ------------------------------------------------------------------------------------------------ ★ CONNECT WITH US ★ ★ Facebook: https://www.facebook.com/topstoriesofficial/ ★ Twitter: https://twitter.com/TopStories35 ★ Google +: https://goo.gl/ssUdwF ★ Pinterest: https://www.pinterest.com/topstoriestoday/ ★ Blogger: https://www.topstoriestodayuk.blogspot.com ★ Digg: https://digg.com/u/topstoriestodayuk ★ Reddit: https://www.reddit.com/user/TopStoriesToday/ ★ Tumblr: https://www.tumblr.com/blog/topstoriestoday ------------------------------------------------------------------------------------------------ ► Our Others Videos ★ Facebook Staffers Had Enough Of The Lies And Just Told America Exactly What Zuckerberg Is Doing To Conservatives. : https://youtu.be/96t47kEabQQ Stormy Daniels Saves President Trump, Leaves Robert Mueller Seething :https://youtu.be/OZ3qiPEo1fc BREAKING News Out Of The FBI… LOOK WHO’S ABOUT TO TAKE THEM DOWN!!! : https://youtu.be/QQBqU6MPBe0 Senator Tim Scott Makes Shocking Admission About Trump, Liberals Are Stunned :https://youtu.be/Zwbcbe2nx-w Harry Just Found Out How Markle REALLY Did To First Husband And Now Royal Wedding Is Total Disaster! https://youtu.be/ELlbPoLUsvA Hoard Of Immigrant Invaders Just Released List Of DEMANDS From Americans :https://youtu.be/iPyOAB5X8cI BREAKING: Fox News Just Released Sudden New Statement About Laura Ingraham – Will You Still Support? https://youtu.be/0lmrSnhQxtw ------------------------------------------------------------------------------------------------ ► watch this Report again - Largest Social Security Increase In 6 Years Is On It’s Way :https://youtu.be/zge65-Ts_6Y Videos can use content-based copyright law contains reasonable use Fair Use (https://www.youtube.com/yt/copyright/)
Views: 87323 Top Stories Today
Millions of people receive Social Security benefits, but many are unaware of exactly what benefits they are entitled to, as well as how much. Understanding what benefits are available to you can help reduce financial hardship and better plan for your future. Significant changes have been made to Social Security policies in the last couple of years. Joe Anderson, CFP® leads attendees through a webinar to show how to you can craft your Social Security strategy in light of the recent changes. Agenda: - Calculating your Social Security benefit - When to take your Social Security benefit - Spousal benefits - Survivor benefits - Children's benefits - Social Security claiming strategies - Social Security changes - The future of Social Security If you would like to schedule a free assessment with one of our CFP® professionals, click here: https://purefinancial.com/lp/free-assessment/ Make sure to subscribe to our channel for more helpful tips. IMPORTANT DISCLOSURES: • Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor. • Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with their tax advisor or attorney regarding specific situations. • Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. • Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. • All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. • Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors.
Views: 32542 Pure Financial Advisors, Inc.
Trump Promise: Social Security Releases 2018 Changes, Millions Affected Make Great Income Starting Here!: http://bit.ly/TimeFreedomLifestyle Subscribe To Screen Hoopla: http://bit.ly/screenhoopla THANK YOU FOR SUPPORTING SCREEN HOOPLA! https://paypal.me/ScreenHoopla #ScreenHooplaNews ARTICLE SOURCE: https://www.usapoliticstoday.org/social-security-releases-2018/ Uploaded under "Fair Use" provisions for discussion and commentary-THUMBNAIL: http://a57.foxnews.com/images.foxnews.com/content/fox-news/opinion/2018/01/06/trump-keeps-his-promise-blacks-and-hispanics-do-better-with-him-than-obama/_jcr_content/par/featured_image/media-0.img.jpg/931/524/1515183140888.jpg?ve=1&tl=1&text=big-top-image MUSIC SOURCE: Cylinder Two by Chris Zabriskie is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/) Source: http://chriszabriskie.com/cylinders/ Artist: http://chriszabriskie.com/ Watch new videos every weekday. Social Security Changes:  Everyone already receiving benefits will see their monthly checks increase by 2 percent, the largest adjustment since 2012…  For those born in 1956, the Full Retirement Age is increasing to 66 and 4 months, up from 66 and 2 months…  If you choose to retire at Full Retirement Age, the maximum benefit you can receive is increasing 3.7 percent, from $2,687 per month to $2,788 per month…  Taxable wage base increasing… In 2017, the first $127,200 was taxed. That cap is increasing to $128,700 in 2018. This means higher income earners will see slightly higher Social Security taxes in their paychecks…  Printed annual statements that detailed your past yearly earnings, and your projected Social Security benefits at early retirement, full retirement, and delayed retirement ages, ended in 2017. Beginning in 2018, the only way to see your benefit projection is by creating a free online account at www.ssa.gov. Website → http://ScreenHoopla.com Like us → https://facebook.com/screenhoopla Follow us → https://twitter.com/ScreenHoopla Instagram → https://instagram.com/screenhoopla Youtube → https://youtube.com/screenhoopla Pinterest → https://www.pinterest.com/screenhoopla The Real Reason Adam Schiff’s Memo Won’t Be Released! https://youtu.be/Z1q-Zi8pQ0c Trey Gowdy Exposes FISA Memo As A Fraud! https://youtu.be/lzqCSbF6qLU Obama Held Sick Secret Meeting Right Before Trump’s Inauguration – Look Who He Met With! https://youtu.be/XwFuup68ea0 Barack Obama WAS Given the Trump Dossier https://youtu.be/JpTbWNhHHnw Inspector General Could Expose The Truth! https://youtu.be/VoAlpJv0QL0 Trey Gowdy Exposes How FBI is Protecting Hillary’s Connection to FISA Warrant! https://youtu.be/hMc6xk-8H8g Trump Warns Of ‘Major Event’ Following Memo Release https://youtu.be/2xvSpz1ZZAo Keanu Reeves: Humans About To Break Free From ‘The Matrix’ https://youtu.be/cFrQCdtHJXY New Trump Dossier Found! https://youtu.be/fmIHYzQfzBs ScreenHoopla is one of the fastest growing channels on Youtube. We make list videos of Movies and News, Especially Political,on a regular basis. Our site, ScreenHoopla.com is one of the most visited movies and TV news sites in the United States. For business related matters relating to our channel (including media & advertising) please contact: email@example.com For copyright matters relating to our channel please contact us directly at: firstname.lastname@example.org https://youtu.be/n-5XaSsoBko
Views: 34221 Screen Hoopla
We'll break down the rules and make the earnings limitation easy to understand. Don't leave without subscribing to my channel and visit https://socialsecurityintelligence.com for more great information on Social Security benefits.
Views: 37844 Devin Carroll
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Views: 297416 TheHailRazor
Are you getting ready to begin your Social Security Benefits? Are you uncertain which filing strategy will get you the maximum Social Security Benefits? A Maximum Social Security Report will help you understand your options and detail the best way to file for Social Security Benefits that may provide you with the most income to you and your spouse.
Views: 96192 Steve Miller
**See updated version at https://www.youtube.com/watch?v=5_AvKBNpl4I** The Social Security Earnings Limit can be easily explained. Do you ever wonder how are Social Security benefits impacted by wages and other earnings? Watch this video and find out what type of earnings at certain ages will result in a reduced Social Security benefit. For more information please visit our website at http://socialsecurityintelligence.com Transcript of video follows: Thank you for joining us for another edition of Social Security Intelligence. There’s lots of confusion about what happens when you work and draw Social Security. I want to help you clear it all up. Broadly speaking, if you work and claim Social Security benefits at the same time, part or all of your payments could be withheld. Using 2015’s earnings limit numbers, let’s take a look at how working in retirement could affect your Social Security payments: The Social Security Administration splits up the earnings limit into two categories. 1) Earnings when you are age 62 through January 1 of the year you attain full retirement age 2) Earnings after January 1 of the year you reach full retirement age The first category of earnings limit is the lowest and has the sharpest penalty. In those years the limit is $15,720. If your earnings exceed that amount, the Social Security Administration will withhold $1 for every $2 over the limit. The second category is more generous, but much shorter in length. It begins on January 1 of the year you attain full retirement age. During that period you can earn $41,580 before the earnings limitation is applied. If you go over that amount, the Social Security Administration will withhold $1 for every $3 over the limit. The good news is that at your full retirement age, there is NO EARNINGS LIMITATION! So no withholding is applied. It’s easy to simply say all of that, but let’s take a look at the earning limitation at work. Since the first category is the longest, and possibly the most likely to impact you, let use those numbers in our example. First, let’s assume that your Social Security benefit is $20,000 for the entire year. Let’s also imagine that between January and August you made exactly $15,720. From September to the end of December you made an additional $10,000. So for the year, your total income was $25,720. That’s a problem! You’ve exceeded the income limit by $10,000! And remember, they’ll withhold $1 for every $2 over the limit. Maybe an easier way to say that is that they’ll withhold 1/2 or 50% of everything over the limit. So how would that apply in this situation? We know that we are $10,000 over the limit. The Social Security Administration will reduce benefits by 50% of all dollars over the limit so that’s a reduction of $5,000. Now that $20,000 benefit has become a $15,000 benefit. Now that we have a good grasp on that, there are still some big questions; 1) What type of income counts as “earnings” 2) What if you retire in the middle of a year and have already exceeded the income limit? 3) What if your benefits are already being withheld? Let’s tackle the earnings question first. What counts as earnings in the income limit is (a) wages and (b) earnings from self-employment. Sources of income that don’t count towards the income limit include pensions, interest, annuities, IRA distributions and capital gains. So what about if you retire in the middle of a year and have already exceeded the income limit? In this case, there is a one-year exception to the annual earnings limit. It’s simply replaced with a monthly earnings limit. That amount you can earn-and escape withholding- in the years prior to your full retirement age is $1,310 per month. In the year you attain full retirement age, you can earn up to $3,490 per month without having benefits withheld. As always, once you attain FRA—there is NO earning limit. Just remember…this is a one time exception! What happens if your benefits are already being withheld because your income is too high? Don’t despair…you are aren’t missing payments that you’ll never get back. The Social Security Administration will simply recalculate your benefits at your full retirement age to reflect the months that benefits were withheld. The best way to avoid the earnings limitation is to wait until full retirement age to file for benefits. If you can’t wait, make sure you have a clear understanding of how working affects your Social Security benefits. For more videos like this-and other great Social Security information- please browse our website at socialsecurityintelligence.com. While you’re there, you can schedule a free consultation. Just click on the icon and the rest is easy. For a daily dose of Social Security Intelligence, find us on Facebook and like our page. Thanks again for watching.
Views: 30273 Devin Carroll
NOTE : Effective March, 2015 most offices open until 4:00 pm, except until noon on Wednesdays. As of November, 2017, US citizens age 18 or older of the following states can get replacement cards at ssa.gov : AZ, AR, CA, DE, DC, FL, ID, IL, IN, IA, KY, ME, MD, MA, MI, MS, NE, ND, NM, PA, SD, TX, VA,WA, WI Welcome to Social Security office tips from SocialSecurityHop.com. With over 1,000 Social Security offices across the United States, there's likely a Social Security office near you. However, with wait times at offices averaging about 30 minutes, we'll provide tips to get you in and out quickly. But first, you should see if you even need to visit a Social Security office. The government has improved their online presence at ssa.gov (or equivalently, socialsecurity.gov), so you should see if you can take care of things online. For example, here are some of the more popular things you can do at ssa.gov : • Apply for retirement benefits • Apply for Medicare • Apply for work-based disability (but not SSI) • Appeal a decision • Replace a Medicare card • Change your address • Get a Benefit Verification letter • Manage your Direct Deposit details • Estimate future benefits However, there are a few things you cannot do at ssa.gov like : • Obtain a new or replacement Social Security card • Change your name • Apply for SSI • Apply for survivor or death benefits For these tasks, you'll either have to mail in documentation or visit your local Social Security office. If you decide to use online services, be sure you are visiting ssa.gov. For example, in your browser, be sure you see a '.GOV' suffix at the end of the web site's domain name. Be especially careful when entering personal information such as your Social Security number. Note that our site, SocialSecurityHop.com, provides lots of tips and information about Social Security, but we are NOT affiliated with the government in any way. But let's say you need or want to visit a Social Security office. What's the best way to do that? First, our site, SocialSecurityHop.com, has complete details on Social Security offices, including maps, directions, and specific tips when visiting a local office. So although SocialSecurityHop.com can provide a lot of location-specific information about a given local office, let's go over some general information that applies to almost all Social Security offices. First, business hours for almost all offices are from 9:00 to 4:00 except for Wednesdays when hours are from 9:00 to noon. • Mon 9:00 ~ 4:00 • Tue 9:00 ~ 4:00 • Wed 9:00 ~ 12:00 • Thu 9:00 ~ 4:00 • Fri 9:00 ~ 4:00 Because of these hours, Mondays and Thursdays tend to be busy as they have to absorb demand that builds up over the weekend and Wednesday afternoons. So Tuesdays and Fridays tend to be better days to visit. However, instead of just showing up "cold" at a Social Security office, it may be better to schedule an appointment first. The national Social Security phone number is 1-800-772-1213. This number is serviced every weekday from 7:00 am to 7:00 pm in every time zone. To minimize your time on hold, it's generally best to call early in the day or in the early evening. Many offices have a local phone number, and when available we publish those local phone numbers on SocialSecurityHop.com. However, the national number can be used by everyone to schedule appointments at any office or help with other general questions about Social Security. Note that there is no way to setup an office appointment online over the internet; you must call to set up an office appointment. Typically, the earliest you can get an office appointment is one to two weeks from the date you call to make your appointment. If you need something immediately, you may just have to visit the office and wait. Hopefully, this video answered questions regarding Social Security offices. Please visit our site SocialSecurityHop.com for more tips, advice, calculators and answers regarding Social Security. And remember to like, follow or comment on our videos. Thank you!
Views: 125646 SocialSecurityHop.com